614-846-3302
412 E River St, Elyria, OH for Sale
Office - FOR SALE
1/104
null | Request Cap Rate

Feb '26


412 E River St
Elyria, OH 44035


HIGHLIGHTS

  • Historic landmark listed on the National Register of Historic Places
  • 20,160 SF structure on a 1.12-acre site with two stories of space
  • Prime location adjacent to University Hospitals Elyria Medical Center
  • Flexible layout ideal for offices, medical suites, or mixed-use concepts
  • High visibility with 5,000+ vehicles passing daily at medical district gateway
  • Strong industrial heritage dating back to 1909 for authentic character

OVERVIEW

Historic Redevelopment Opportunity: The New York Central Freight House Unlock the potential of one of Elyria’s most significant architectural landmarks. Offered as a versatile blank canvas, this 20,160-square-foot structure is officially listed on the National Register of Historic Places. Currently vacant and ready for a fresh vision, this property cannot be replicated. The Vision - Adaptive Reuse & Versatility: -Unlike modern specialized builds, the "Mediclinic Building" features a footprint designed for flexibility. Whether you are looking to establish a single-tenant headquarters or return the building to its highly successful past as a multi-tenant professional center, the layout is ideally suited for: -Private Professional Suites: The interior is prepared to be subdivided back into individual offices or clinical suites, allowing for multiple revenue streams from diverse professional tenants. -Specialized Medical Fit-Out: Situated directly adjacent to University Hospitals Elyria Medical Center, the building is a prime candidate for a custom-designed outpatient clinic, diagnostic center, or surgical suite. A Century of Resilience: -This is not just a building; it is a survivor of Elyria’s industrial peak. -Historical Discrepancy: While the National Register lists a 1923 date, Sanborn maps and NYCRR records confirm its life began as a Freight House in 1909. -Industrial Pedigree: The structure predates the massive 1913–1923 rail elevation project and stood firm through the labor and material shifts of World War I. Property & Location Highlights: -Size: 20,160 Sq. Ft. -Condition: Delivered vacant; an ideal "value-add" project for an investor or developer. -Unbeatable Visibility: Located at the gateway to the medical district with 5,000+ daily vehicle passes. -Strategic Hub: Just moments from the Black River Reservation, the Lorain County Justice Center, and the downtown business core. Building the Future on a Solid Foundation: -412 East River Street is ready for its next chapter. For the buyer with a vision, it offers the rare chance to combine modern commercial utility with the prestige of a national landmark.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

B-G

APN/PARCEL ID

06-25-080-000-015,06-25-081-000-001,06-25-082-000-002,06-25-083-000-009

ASK ABOUT THIS PROPERTY

Chris DavisAuction OhioMore Info
614-846-3302

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Chris DavisAuction OhioMore Info
614-846-3302

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.